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300 W Philip, Lake Leelanau, MI 49653

Lake Leelanau
Local realty services provided by:CENTURY 21 Northland
300 W Philip,Lake Leelanau, MI 49653
$429,000
  • 2 Beds
  • 1 Baths
  • 5,320 sq. ft.
  • Single family
  • Active
Listed by: roger schaub
Office: schaub team premier realty
MLS#:80066677
Source:MI_REALSOURCE

Price summary

  • Price:$429,000
  • Price per sq. ft.:$80.64

About this home

Unique investment opportunity in Lake Leelanau to own a versatile commercial/income property featuring 24 fully rented self-storage units and a charming 2-bedroom, 1-bath cottage offering approximately 480 sq ft. The cottage is currently utilized as a short-term rental and is ideally located near the Narrows of Lake Leelanau, with close proximity to restaurants, wineries, and nearby lake access—making it an attractive option for both visitors and long-term use. With all storage units fully occupied, this property offers immediate and consistent income, along with additional revenue potential from the cottage. Ideally positioned in a desirable Lake Leelanau location, this is a unique opportunity to invest in a property with multiple income streams and strong local demand. Square footage includes both the storage units and the cottage. Year built is approximate for the storage units; the house was relocated to the property and its exact age is unknown.

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Home facts

  • Year built:2000
  • Listing ID #:80066677
  • Added:13 day(s) ago
  • Updated:April 23, 2026 at 10:19 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Kitchen Description:Microwave, On Main Level, Range/Oven, Refrigerator
  • Bedroom Description:Bedroom 1 on Main Level, Bedroom 2 on Main Level
  • Basement Description:Block
  • Living area:5,320 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Exhaust Fan
  • Heating:Electric, Forced Air

Structure and exterior

  • Year built:2000
  • Building area:5,320 sq. ft.
  • Lot area:0.24 Acres
  • Architectural Style:Cottage, Ranch
  • Construction Materials:Shingle Siding
  • Foundation Description:Block, Slab
  • Levels:1 Story

Utilities

  • Water:Private Well
  • Sewer:Community, Septic

Finances and disclosures

  • Price:$429,000
  • Price per sq. ft.:$80.64

Features and amenities

  • Appliances:Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Laundry features:Dryer, On Main Level, Washer

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